# MERCER COUNTY STATE BANK
SANDY LAKE, PA · FDIC certificate 445 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *run candidate*. Composite score 3 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $611.3M | |
| Deposits | $530.3M | |
| Loans and leases | $406.1M | |
| Total equity | $48.0M | |
| Loans / deposits | 75.69% (p37 of band) | 82.04% |
| Liquid assets / assets | 27.28% (p57 of band) | |
| Uninsured deposits / deposits | 20.08% (p29 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 4.46% (p55 of band) | |
| FHLB advances / assets | 4.46% | |
| Tier 1 leverage | 10.27% (p41 of band) | 10.81% |
| Unrealized securities loss / equity | -43.19% (p7 of band) | -8.10% |
| AOCI / equity | -1.13% (p19 of band) | |
| ROA (annualized) | 1.09% (p38 of band) | 1.28% |
| Net interest margin | 3.87% (p48 of band) | 3.91% |
| Efficiency ratio | 66.56% (p66 of band) | |
| Noncurrent loans | 2.42% (p92 of band) | 0.43% |
| Net charge-offs (annualized) | 0.02% (p68 of band) | |
| Reserve coverage of noncurrent | 47.45% | |
| Real estate % of loans | 86% | |
| Construction % of loans | 3.32% (p8 of band) | |
| Auto loans | $604,000 (0.15% of loans; DQ 0.00%, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 0.3% | |
| Employees | 111 | |

## Flags firing in the latest filing

- **securities losses >30% of equity** (`cap_secloss`)
- **noncurrent p90** (`aq_noncurrent`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 0 |  | reserve under noncurrent |
| 2011-09 | 1 | capital falling |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 1 |  |  |
| 2012-09 | 0 |  | capital falling |
| 2012-12 | 0 |  |  |
| 2013-03 | 0 |  |  |
| 2013-06 | 0 |  |  |
| 2013-09 | 1 | reserve under noncurrent |  |
| 2013-12 | 1 |  |  |
| 2014-03 | 1 |  |  |
| 2014-06 | 0 |  | reserve under noncurrent |
| 2014-09 | 0 |  |  |
| 2014-12 | 1 | reserve under noncurrent |  |
| 2015-03 | 0 |  | reserve under noncurrent |
| 2015-06 | 0 |  |  |
| 2015-09 | 2 | capital falling, reserve under noncurrent |  |
| 2015-12 | 2 |  |  |
| 2016-03 | 1 |  | capital falling |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 3 | deposits shrinking, uninsured deposits leaving |  |
| 2017-03 | 2 |  | deposits shrinking |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | uninsured deposits leaving |
| 2017-12 | 0 |  | reserve under noncurrent |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 2 | noncurrent p90, reserve under noncurrent |  |
| 2020-03 | 0 |  | noncurrent p90, reserve under noncurrent |
| 2020-06 | 0 |  |  |
| 2020-09 | 0 |  |  |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 1 | capital falling |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | AOCI drag >20% of equity, securities losses >30% of equity | capital falling |
| 2022-06 | 2 |  |  |
| 2022-09 | 3 | capital falling |  |
| 2022-12 | 3 | reserve under noncurrent | capital falling |
| 2023-03 | 1 |  | AOCI drag >20% of equity, reserve under noncurrent |
| 2023-06 | 2 | charge-offs p90 |  |
| 2023-09 | 2 | reserve under noncurrent | charge-offs p90 |
| 2023-12 | 1 |  | reserve under noncurrent |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | reserve under noncurrent |  |
| 2024-09 | 3 | noncurrent p90 |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 2 |  | noncurrent p90 |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | noncurrent p90 |  |
| 2026-06 | 3 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2023-07-17 [Mercer County State Bank opening soon in Mercer - alliednews.com](https://news.google.com/rss/articles/CBMiyAFBVV95cUxPajFJN2FjemZkMzJrOTVjdGpTbWc4ay1Dem52Vnlscm9EMXFlejZPTHUtakNETnlPYVdGNXQ2WTZNeUdKd3NhWEtydWdlb2ZFbDRyZEo5T3NMeUdRcmhudDl0TVJaSXlRTVdubloyU1UyZFhxTl9CMmFJMGwxQTZJS2FTLWZvdVZuV2Z3Y2F6eEF4MlczeDFGZVhNc0JpU2gtQmNhMDEyYmlCOHBZRFR4bWFvOEFBdFN2dHJidGk5TF9fVzB2Y2NHRw?oc=5) · alliednews.com
- 2023-03-13 [How Pennsylvania banks compare to Silicon Valley Bank - CBS News](https://news.google.com/rss/articles/CBMimgFBVV95cUxOTG5yd1FiWndKMkVmaGpJc1luM2Y3a3I1THhLR1lHak5aLUxpSkVKNGdWWkVNdE1WVnQ5THZWWElEWWtrMTJvWnRXdXo3ZVR5SllzTGp0ZzJVRzFLcEpYbFhQcGJlakYtY1FmWE5tczJmRW9PRUhSS09zaWdNVTJucFBZeDdiU21fRDYzV3ZNUTVjdXRUTlRObG130gGfAUFVX3lxTE5tVDF0YVgtQmJJSG5qWHAtNk9MR191VnpSRHNuYlgydWw4MmtVNlNRTTE1VmJEc2h5aFRCUWRGTGNUUHl4R2lkU3hZdjYwT0NWLVJidlhxdF9jeWZxS2k4VnBzMU5LNDJZVDZTY1hIMmpLdnZSdDBBb3B0R2xCSVRCMERLQTR4cDc4WXdqRkNGWW10eGZXbEhtVkFkWXNZbw?oc=5) · CBS News
- 2025-08-19 [MCSB opens doors for its new $7 million Sandy Lake headquarters - sharonherald.com](https://news.google.com/rss/articles/CBMi3wFBVV95cUxNa2l1NDNfT21PWC0tTl9jdzdhWW1iRDVGVkRVRFhZOExWZE5mdHFhOTNrckQ2dGtsQlgya0owWEdoS3ZDTUlYNjhvajAySzltQzhaTmRPcTNrZU5qa1N6a19MVy1iUGNGcDdmZWM0ektxNUdXdURLaDZUaUZRWGFXMUs3RG9mSUtHR3BFblNPNlRxUHZ3b255enk3QzVLRXp0bllidWFHZFRkRU5LTG9iaEVaTkx6M1gxZ25wZVZSQTAwNkZUM2NsZkE5cjZqQnZKR1VIQ2h3UWhNUDdSc2VV?oc=5) · sharonherald.com
- 2018-02-24 [Mercer County State Bank welcomes new branch, president - alliednews.com](https://news.google.com/rss/articles/CBMi4AFBVV95cUxNYXhLeUdYcXNQTTFBVG9UbEJkWkZiQmREUjFwX09Kck95allFMVNUc21BS3JZTUpRQzlNR0dRd1Nrb2FRSk9SVGZISTRLOWFsbkdCUFZSaXcydHl2VURzNnNtdzZrU2xTNVVfdWxLVXdzZlZrQlE4cXhsVTVmaTdvZVdVd3gwSlV1S29HeWZOWW9XRjUydThibVpQWkVLM1hLeXZ0V213VGFnRktaeGZhZHlUUFZfRzA1ckVfN2F1c2x6RjBhM1hyN2FPam4yQXZDRzNlUHlrZ2RxYUoxNW50ZA?oc=5) · alliednews.com
- 2012-01-23 [Surveillance images catch 'takeover style' bank robbery in Mercer Co. - WPXI](https://news.google.com/rss/articles/CBMimAFBVV95cUxOeFhWVDlpXzJPNzhFa191ZmRQX3lPZ2lsTmhXczBLUVh1RmNRWklZc3prUDVibHRSQnV5bjFma0dQUG5kOXNEOUpHTHlmdWgtdldoZS1fMnJwbEFPYS1VbUM2b0lHVERxc05mWmFTV1VEMkpDaVdYZ3dnWm5vNVhXTzZUMGpZRWtVamx6SkJURldic1ZDMWxtOdIBrAFBVV95cUxORTExOWZXY25qdm42ekZvVTNDZU5ITDZCVW9OeXd2SU1YOVUyTzlOLXQxTnp1aTVIZU9TNUNoNW5VaTlTM2ZqSWNZZ212SnA1OERMYm1WbXBLMGhYSmMwUDRuN1U1RTdMR3dZREQ0a1g0eS1RVEZtdjNfS1ktaWJuQndwUnpmdkgyR1FwbXo2WWxoUGdRMnd4cjlQS2lYdWpSVGtHTk9TTTFkcWxh?oc=5) · WPXI
- 2024-01-31 [Sandra A. Bailey Obituary Jan 31, 2024 - Rose Funeral Home | Meadville, PA](https://news.google.com/rss/articles/CBMiXkFVX3lxTE5KbzdWWlgzc0g1b3NjVmg2WGQ5VjlFVTE2TEY5UDl5TThVbW5kNlExVHBrOEVHVjg4Mk9jSzhENnkyNm40cnowY3QtT1J1S0NqSzZEc2NoaG85b2tRUEE?oc=5) · Rose Funeral Home | Meadville, PA
- 2013-01-08 [Rita E. Tanner - Beaver County Times](https://news.google.com/rss/articles/CBMiggFBVV95cUxOemt5X19SY0tNODd5SUpoblI1RWdKY0YxLW92My1tWkJ6M1VSTVFOWFNRZ2hpcllCMEZPWEJrNjJCOFhIV0g5aFZVTHVjeDlGTU1HR0R2OUY1czBJUkVteHZYY2RHVDF0N2NBTnR5bHZFYy1pWERJc3JyMmVncHFWMHln?oc=5) · Beaver County Times
- 2023-07-13 [MC State Bank is coming to Mercer - sharonherald.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQeWFRUTc2aXg3NHBrX1dtem9ra1JSckxEVGNnOFBPQWpFZ1R0RDJzQnRlR0hkU1VpdUVROGZPdVBoMjFVMDRFdkpRMzY2SE1ReWpmb2gyRHVFX2tuUFlZSUVnRGViYTJSVTFzRUI1bURVTTFOcGZTcVRrWlJ4S2NGT1JWV2FBbzdlR1RvbVpKUWVSc0cta2FMZWNjbHhqVkxoa0V4ejBDdm82NllpY0RsSTVLUi1iaHdj?oc=5) · sharonherald.com

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=445 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/61.json (key "445", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide